2023 AUD to BIF Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2023.
2023 AUD to BIF Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2023
During 2023, the AUD to BIF exchange rate experienced significant fluctuation. The market reached its absolute peak on December 27, valuing the pair at 1953.5670. Conversely, the yearly low was recorded on March 10, dropping to 1360.3821.
This high-to-low spread represents a total annual volatility of 593.1848 BIF. From a start-to-finish perspective, comparing the January average rate of 1439.8483 to the December average rate of 1911.0907, the exchange rate registered a net change of 32.73% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2023 high of 1953.5670 was up 26.34% compared to the 2022 peak of 1546.2449, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 AUD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2023.
AUD to BIF Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 1522.1862, compared to 1853.3773 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 331.1911 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2023 was May, with a trading range of 497.7978 BIF (High: 1874.3719 / Low: 1376.5740). On the other end, September was the most stable month, with a tight range of 31.2474 BIF (High: 1835.2118 / Low: 1803.9644).
Growth Streaks & Declines
TrendsBetween March and July, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 67.6167 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2023: 1911.0907) against the same month in 2022 (average: 1395.6140), the exchange rate shifted by +515.4767 (+36.94%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 1474.0275 | 1391.2471 | 1439.8483 |
| February | 1482.3290 | 1388.0399 | 1427.8671 |
| March | 1406.4812 | 1360.3821 | 1387.1467 |
| April | 1412.5695 | 1362.4871 | 1390.2149 |
| May | 1874.3719 | 1376.5740 | 1586.7032 |
| June | 1951.6971 | 1855.3802 | 1901.3372 |
| July | 1950.0802 | 1870.0818 | 1904.0249 |
| August | 1874.7781 | 1803.2097 | 1836.4082 |
| September | 1835.2118 | 1803.9644 | 1821.3061 |
| October | 1829.5461 | 1784.0720 | 1801.5135 |
| November | 1893.9301 | 1800.7388 | 1845.9203 |
| December | 1953.5670 | 1865.9598 | 1911.0907 |